{"id":74342,"date":"2023-02-20T11:33:00","date_gmt":"2023-02-20T09:33:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=74342"},"modified":"2025-09-09T19:31:40","modified_gmt":"2025-09-09T16:31:40","slug":"cameron-winklevoss-forecasts-a-new-bull-run-taking-shape-in-the-east","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/cameron-winklevoss-forecasts-a-new-bull-run-taking-shape-in-the-east\/","title":{"rendered":"Cameron Winklevoss forecasts a new bull run taking shape in the East"},"content":{"rendered":"<p>The next bull market will begin in the East, and the United States will have only two options: embrace cryptocurrencies or be left behind. This was stated by Gemini co-founder Cameron Winklevoss.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">My working thesis atm is that the next bull run is going to start in the East. It will be a humbling reminder that crypto is a global asset class and that the West, really the US, always only ever had two options: embrace it or be left behind. It can\u2019t be stopped. That we know.<\/p>\n<p>\u2014 Cameron Winklevoss (@cameron) <a href=\\\"https:\/\/twitter.com\/cameron\/status\/1627352856633257984?ref_src=twsrc%5Etfw\\\">February 19, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The executive stressed that the development of digital currencies cannot be halted.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p><em>\u201cAny government that does not offer clear rules and \u2018genuine leadership\u2019, will force people to swallow dust. Quickly. This will mean missing a great period of growth since the advent of the commercial internet. One may miss the opportunity to shape and be a foundational part of the future financial infrastructure of this world (and beyond),\u201d<\/em> the expert explained.<\/p>\n<\/blockquote>\n<p>Such statements came amid claims<a href=\"https:\/\/u1f987.com\/en\/news\/bloomberg-new-york-regulator-opens-investigation-into-paxos\"> <span data-descr=\\\"New York State Department of Financial Services\\\" class=\\\"old_tooltip\\\">NYDFS<\/span><\/a> and<a href=\"https:\/\/u1f987.com\/en\/news\/sec-warns-paxos-of-enforcement-action-reports-say\"><span data-descr=\\\"U.S. Securities and Exchange Commission\\\" class=\\\"old_tooltip\\\"> SEC<\/span><\/a> against Paxos regarding the issuance of BUSD, as well as allegations <a href=\"https:\/\/u1f987.com\/en\/news\/kraken-to-pay-30-million-to-settle-sec-charges\">Kraken<\/a> of failing to register the staking program <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-staking-and-how-to-make-money-from-it\">staking<\/a>.<\/p>\n<p>In addition, the Gary Gensler-led agency proposed expanding and strengthening the role of qualified custodians for cryptocurrencies. The move drew criticism from the community.<\/p>\n<p>The SEC&#8217;s initiative may be a response to the recent wave of bankruptcies in the industry, under which clients <a href=\"https:\/\/u1f987.com\/en\/news\/ftx-group-files-for-bankruptcy-sam-bankman-fried-resigns-as-ceo\">FTX<\/a>, <a href=\"https:\/\/u1f987.com\/en\/news\/celsius-files-for-bankruptcy-protection\">Celsius<\/a>, <a href=\"https:\/\/u1f987.com\/en\/news\/blockfi-files-for-chapter-11-bankruptcy-protection\">BlockFi <\/a>and <a href=\"https:\/\/u1f987.com\/en\/news\/voyager-digital-files-for-chapter-11-bankruptcy\">Voyager<\/a> may not recover all of their funds.<\/p>\n<p>Earlier, Compound founder Robert Leshner warned of an \u201cArmageddon\u201d in the industry due to U.S. regulatory actions.<\/p>\n<p>Earlier, The Wall Street Journal reported that banks are ending partnerships with crypto firms amid fears of crackdown by regulators.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The next bull market will begin in the East, and the United States will have only two options: embrace cryptocurrencies or be left behind. This was stated by Gemini co-founder Cameron Winklevoss.<\/p>\n","protected":false},"author":1,"featured_media":74343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[719,1138,36],"class_list":["post-74342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-gemini","tag-opinions","tag-regulation"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=74342"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74342\/revisions"}],"predecessor-version":[{"id":74344,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74342\/revisions\/74344"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/74343"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=74342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=74342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=74342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}